DASH recently partnered with Brazilian Cryptocurrency Exchange with InstaSend support. It is expected that this partnership will entice more traders towards the DASH network.
DASH to USD Price Analysis:
Dash, at the time of writing was seen trading at $69.897 at 08:18 UTC as on October 3, 2019.
Considering the 5-day movement of DASH, the value was initially seen trading at the highest peak of $71.284 on September 28. Immediately, the value took a drastic drop of 7.68% on September 30 at 07:20 UTC, which marked to be the lowest in the said time frame. The value escalated by 8.65% on October 1 to have a double top around the trading price at $72.49.
Yesterday, a drop of 4.62% in the value was realized at 05:55 UTC, when the coin was seen trading at $69.1466.
DASH is trading in the strong bearish zone based on the past 30 days data statistics. Considering the short-term movement, the price of DASH is expected to remain inclined towards the lower range. The intraday and the short-term trading will fetch nothing at present as the overall trend is bearish.
According to Dash Price Prediction, the long-term movement is predicted to escalate around 50% from the current value and may be more. The trend might slide to bullish trend where users will be able to resource big returns in the investment.
Conclusion
The resistance and support level are calculated as follows:
Resistance Levels:
R1: $71.27, R2: $71.68, R3: $72.49
Support Levels:
S1: $70.05, S2: $69.24, S3: $68.83
